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IXL Real Estate North

ixlnorth@gmail.com +1(251) 265-1230

$325,000

Est. payment - /mo

6 Beds

3 Baths

2,574 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,574 sqft

Price per Sqft $126

MLS Listing ID 398895

Style Other See Remarks

Bedrooms 6

Full Baths 3

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 2004

Tax Year 2025

Property Sub-Type Residential Detached

Source Baldwin County

Property Description

Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A," (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1,200 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1,000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1,050 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Zoning SingleFamily

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Flooring Wood

Fireplace No

Appliance Refrigerator, Electric Range, Smoke Detector

Heat Source Electric

Exterior

Parking Features Three Or More Vehicles

Fence Partial

Pool None

Community Features Pets Allowed

Utilities Available Water City, Baldwin EMC, Sewage City, Grinder Pump, Sewage Septic, Gulf Shores Utilities, Cable

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition Shingle

Porch Porch Open

Building

Lot Description Less Than 1 Acre

Water Public

Architectural Style Other See Remarks

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Special Listing Condition None

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Listed by Roberts Brothers Corporate

Nearby Locations

IXL Real Estate North

Company

+1(251) 265-1230

15777 Renee Marie Drive Gulf Shores, AL 36542

IXL Real Estate North

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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